Seberang Perai Utara, Penang · Leasehold · 35 transactions
Median Price
RM73K
RM65K – RM85K
Median PSF
RM129
RM113 – RM149
Transactions
35
2021-07 to 2024-05
Size Range
388 – 618
sq.ft (built-up)
Data-driven insights for FLAT MAK MANDIN
Earliest PSF (2021)
RM128
Current PSF (2024)
RM149
Capital Gain
+16.2%
Total Return (est.)
9.4% p.a.
| Capital appreciation (3 years) | +16.2% |
| Annualised capital return | +5.4% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 9.4% p.a. |
| vs Fixed Deposit (3.5% p.a. x 3yr) | +17.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 550 sqft | 22 | RM73K | RM129 |
| 600 sqft | 12 | RM80K | RM129 |
PSF Trend: Appreciating
PSF moved from RM128 (2021) to RM149 (2024)
Liquidity: Moderate
35 transactions over 3 years (~12/year)
65% below Seberang Perai Utara average
This project: RM129 PSF vs Seberang Perai Utara median: RM364 PSF
Est. Total Return: 9.4% p.a. (beats FD)
Capital gain (5.4% p.a.) + rental yield (~4% p.a.)
FLAT MAK MANDIN delivers a strong estimated total return of 9.4% p.a. — comprising +5.4% capital appreciation and ~4% rental yield over 3 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 65% below the Seberang Perai Utara average — potentially undervalued. Best suited for capital gain seekers, those who value liquidity.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2024 | Low-Cost Flat | Leasehold | 572 | RM149 | RM85K |
| Dec 2023 | Low-Cost Flat | Leasehold | 569 | RM246 | RM140K |
| Nov 2023 | Low-Cost Flat | Leasehold | 618 | RM178 | RM110K |
| Aug 2023 | Low-Cost Flat | Leasehold | 560 | RM100 | RM56K |
| Jun 2023 | Low-Cost Flat | Leasehold | 569 | RM202 | RM115K |
30 more transactions hidden
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 35 records
3 interactive charts
Scatter, price & PSF vs Seberang Perai Utara & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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